Imported Beef Trade Report

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NW_LS421
Des Moines, IA     Wed, Mar 07, 2012     USDA Market News

IMPORT BEEF TRADE

Compared to Last Week:  Market activity on imported beef was moderate
and prices were mostly 1.00 to 3.00 higher. Sharply higher domestic
prices, strong demand and tight supplies continued to push import
prices higher. Widespread flooding in Australia drastically reduced
slaughter numbers and cattle marketings.



AUSTRALIA AND NEW ZEALAND - FOB AND TIS
                                   0-15 Days
BULL MEAT:         East Coast                  West Coast
     95%         230.00- 233.00               228.00- 230.00
COW MEAT:
     95%
     90%         216.00- 218.00               215.00- 217.00
CFM Fores 85%    199.00- 202.00
Shank 85-90%
Chuck 85%
Beef Trim 85%
Beef Trim 80%    184.00- 185.00
Beef Trim 75%
Beef Trim 70%
Beef Trim 65%
100 % LEAN:
 Top Rounds
 Flats & Eyes
 S.P.B.
                                   16-45 Days
BULL MEAT:         East Coast                  West Coast
     95%         230.00- 233.00               227.00- 230.00
COW MEAT:
     95%                                              227.00
     90%         216.00- 218.00               215.00- 217.00
CFM Fores 85%    199.00- 202.00
Shank 85-90%                                          209.00
Chuck 85%
Beef Trim 85%
Beef Trim 80%    184.00- 185.00
Beef Trim 75%
-----------------------------------------------------------------------------
URUGUAY - FOB AND TIS
BULL MEAT:         0-15 Days                    16-45 Days
     95%
COW MEAT:
     95%
     90%
CFM Fores 85%
Beef Trim 85%
Beef Trim 80%
Beef Trim 75%

Source: USDA Market News Service, Des Moines, IA
        Bryant Smith  515-284-4460  Desm.LGMN@ams.usda.gov
        24 Hour recorded market information 515-284-4830
        www.ams.usda.gov/mnreports/NW_LS421.txt
        www.ams.usda.gov/LSMarketNews


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